World Surveillance Group Inc (fka WSGI)

[SEBASS]

R/S Valuation reasoning

If this has been addressed before then please point me to post.
I have been wondering about something for a while. Huff has stated in PR that GTEL's R/S is designed to attract institutional investors.

Now Ins.Inv. have minimum requirement of $5 to invest in stock so with .22 (current valuation)x15= $3.30. That's too low for Ins.Inv. to get in and TOO LOW for shorters to short (min $4 to short...which is good) but that gap of at least $1.70 has to be filled somehow so the Ins.Inv can get in. Also i keep thinking about if we hit over $4.00 that we will be sweet target for shorters that love 1-15 r/s and hunt for otcbb non-profitable companies to short them. Let's hope Ins.Inv fry them...but tough call. Anyone wants to take a shot how the gap will be filled. I can think of few but timeslines are not matching.
BOTTOM LINE IS THAT DOING MATH THAT GAP HAS TO BE FILLED.

1. Q1 ...i doubt. 10k2004 did not move stock at all. Until profitable i doubt we will move on earnings...unless Huff has something up his sleeve.
2. FAA approval and Strat testing success. Unlikly cause time line is late Summer not may or june.
3. Could we open on Amex higher then current valuation ? ..sort of IPO deal ?
4. MM covering short positions or unaccounted shares ?

don't know